Tuesday, March 22, 2016

Buying the Crown Reversal Wedge Breakout On The E-Mini S&P 500 Futures; SchoolOfTrade.com



Buying the wedge breakout up in combination with a Crown Reversal Pattern gave us a move up for 88 ticks this morning!

In today's video we see the E-Mini S&P 500 Futures forming a wedge on the day and reversing off the lows for a potential breakout.

This gave us an opportunity to buy the move up on a Crown Reversal to break out of the wedge for $1,100 on the trade!






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Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Crown Reversal Patterns are some of the BEST ways into a market and when you combine it with another market pattern like a wedge, you have a HUGE one-two punch on your hands!


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